Saffola and Ganguly
-
Upload
nitin-galani -
Category
Documents
-
view
156 -
download
1
Transcript of Saffola and Ganguly
N.L. Dalmia Institute of Management Studies and Research
A study of brand personality of Saffola
cooking oil and feasibility of
Saurav Ganguly as brand ambassador.
CONTENTS
Brand Personality of Saffola
Sr. No. Topic Page No.
1. Executive Summary 4
2. Problem Statement 6
3. Background 7
4. Sampling Plan 9
5. Primary Data Collection and Analysis 10
6. Conclusions 21
7. Recommendations 22
8. Limitations 23
9. Questionnaire 24
10. Bibliography 26
N.L. Dalmia Institute Of Management Studies And Research 2
Brand Personality of Saffola
EXECUTIVE SUMMARY
In today’s fast life people hardly have time to sit down at ease and have a hearty
breakfast, lunch or dinner leading to various diseases. Heart disease is one of
the most dreaded diseases due to improper diet habit. Fortunately people in
India especially the urban class consumers have started realizing this fact and
have become very careful in what they intake including the cooking oil. This
project is about one such brand called Saffola which is claimed to be Heart
Friendly oil and prevent heart disease.
Saffola is a thirty five-year-old brand. The project has two phases. First phase is
about studying the consumer perception of the brand Saffola. Second phase is
about finding out whether Saurav Ganguly would be the right person to endorse
the brand Saffola.
Apart the ones mentioned above, the additional research objectives were to find
out to whom consumer feels the product is most suited to and who makes the
buying decision of cooking oil at home.
The research is carried out by selecting samples of housewives and working
mothers of households between Borivali and Andheri. The samples are selected
by convenient sampling. The criteria for selecting the respondents are that the
respondent should have heard about Saffola and Saurav Ganguly. The survey is
carried out with the help of questionnaires. Analysis is done through statistical
software SPSS version 10.
Conslusions, recommendations and limitations form part of the project. Some of
the interesting findings from the project are as follows:
N.L. Dalmia Institute Of Management Studies And Research 3
Brand Personality of Saffola
The word Healthy instead of Heart friendliness is what comes to the mind
of the people when they think about Saffola.
People remember the word Healthy because of the famous Sundrop ad
and some have even confused Saffola with Sundrop.
People feel that Saffola is oil that can be consumed by anyone and not
just the sick.
Saffola has a personality of a person who is very health conscious,
serious about things he does i.e no-nonsense attitude, caring, reliable and
someone who could be trusted upon.
The housewives are the ones who decide which brand of cooking oil has
to be bought.
On an overall basis Saurav’s personality is considered to be a mix of
Arrogance, Straight Forwardness and Reliable.
Reliability and Caring are the two main factors that link Saurav Ganguly to
the Saffola brand.
An ad with Saurav as the brand endorser can make sufficient number of
people try the product.
The main recommendation is that Heart friendliness needs to be stressed in
all the advertisements and the advertisement should be featured frequently.
N.L. Dalmia Institute Of Management Studies And Research 4
Brand Personality of Saffola
PROBLEM STATEMENT
“A study of brand personality of Saffola cooking oil and
feasibility of Saurav Ganguly as the brand ambassador”
RESEARCH OBJECTIVES
To study the brand personality of Saffola cooking oil.
To study the personality of Saurav Ganguly vis-à-vis Saffola.
To study the feasibility of using Saurav Ganguly as the brand
ambassador.
To find out who makes the buying decision of cooking oil.
To find out whom according to the consumer is Saffola most suited to.
N.L. Dalmia Institute Of Management Studies And Research 5
Brand Personality of Saffola
BACKGROUND
Saffola is a thirty five-year-old brand, widely recognized by consumers to be
"Good for Heart". Many Doctors recommend Saffola to their patients to maintain
health.
The busy executives and professionals, today, are looking for lifestyle
interventions necessary to counter the stresses of personal and professional life;
and all of them are in a search mode for solutions. Saffola has taken initiatives to
bring solutions to their doorsteps, and what better place to do this but the office
itself. Hence the Saffola, 'Direct to Office' initiative. In this programme, interesting
information is shared by an eminent cardiologist, on the lifestyle interventions.
Diet forms an important part of this lifestyle intervention and which is where the
brand Saffola fits in.
Direct to Consumer Programme have also been introduced where the wives of
executives and professionals are addressed. So Saffola these times goes to
their homes. This programme though involves sharing interesting information
through a dietician on the food. This is done because housewives interest lie in
practical interventions (recipes, cooking tips, etc.) necessary to counter the
stresses life. Here the housewives are addressed through talks and recipe
shows.
World Heart Day as a concept existed; however, Saffola recognized the potential
and leveraged it as an opportunity to involve audiences with the message of
Heart Care. There were ' 2000 free heart check ups' offered by Saffola at key
locations on the World Heart Day in various metroes (e.g. Churchgate Station in
Mumbai).
N.L. Dalmia Institute Of Management Studies And Research 6
Brand Personality of Saffola
N.L. Dalmia Institute Of Management Studies And Research 7
Brand Personality of Saffola
Evolution:
Saffola, positioned on the 'good for Heart' platform was small in volume terms, till
1993, when a series of hard-hitting ads took the brand to new heights. Awarded
the 'Brand of the Year' in 1993 by The Advertising Club of Bombay, the brand
has continuously modernized and upgraded itself. A new aesthetically defined
shape was launched in 1998 ensuring glug-free pouring. The brand was
repositioned as 'Heart of a Healthy Family' and extended to a value added edible
oil and Salt. A Web site on health, http://www.healthykhana.com was launched in
2002 to guide Heartcarers as well as proactive health seekers on various
aspects of Dietary Health. It also provides a free personalized diet plan service,
which anyone can use to get a diet as per his or her individual health
requirements.
Saffola consumers:
Saffola's target audience comprises health-conscious consumers.
Contributor's to Saffola's success:
The key to Saffola's growth has been its impactful advertising and the innovative
marketing techniques, helping consumers experience a full health care service,
not just a product. The 'Saffola Healthy Heart Foundation' was set up to provide
a whole lot of additional services to enable consumers to take the required steps
to improve their lives.
N.L. Dalmia Institute Of Management Studies And Research 8
Brand Personality of Saffola
SAMPLING PLAN
Population:
The population consists of housewives and working women of all the households
from Borivali to Andheri.
Population element:
Housewives and working women of all the households from Borivali to Andheri.
Sample definition:
Women meeting the criteria mentioned below:
From a household situated between Borivali to Andheri.
Should be aware of Saffola cooking oil.
Should have seen or atleast heard about Saurav Ganguly.
Sample estimation:
A convenient sample size of 100 is taken for the research.
Type of Sampling:
Convenient Sampling.
RESEARCH DESIGN
Descriptive Research:
Sample survey method like Questionnaires.
The brand personality of Saffola cooking oil.
Whether Saurav Ganguly is the ideal brand ambassador for Saffola.
N.L. Dalmia Institute Of Management Studies And Research 9
Brand Personality of Saffola
PRIMARY DATA COLLECTION AND ANALYSIS
First word that comes to the mind :
The first word that comes to the mind of the majority of the respondents
when they think about Saffola is Healthy as shown in the Chart1. This
shows that around 50% of the respondents know that the brand Saffola
stresses on the health factor.
Heart friendly and Oil constitutes to be around 20%. Hence most of the
respondents are not aware of the real association of the brand with the
word Heart Friendly.
The reason for the word Heart Friendliness not being on the top of the list
may be because of a long gap in featuring the Saffola advertisements.
People remember the word Healthy because of the famous Sundrop ad
(Healthy Oil for Healthy People) and some have even confused Saffola
with Sundrop.
Chart 1
N.L. Dalmia Institute Of Management Studies And Research 10
Brand Personality of Saffola
Saffola is most suited to:
Majority of the respondents feel that Saffola is suited to Adults in general.
Hence it is evident that people regard it as oil that can be consumed by
anyone i.e. Saffola is not considered to be a sick man’s oil.
Fair number of respondents feels that the oil is better suited to Senior
Citizens and Fitness Freaks i.e. sufficient number of people have a belief
that the oil provides energy for the fitness freaks and medicinal value for
the old.
Children and Athletes get just 10% share each.
Children10.00%
Adults40.00%
Senior Citizens20.00%
Sportsm en/Athlete10.00%
Fitness Freak20.00%
Chart 2
N.L. Dalmia Institute Of Management Studies And Research 11
Brand Personality of Saffola
Associations with Saffola:
As mentioned above, with an open ended question, the word Heart
friendly did not click with most of the respondents.
But by giving them an option viz. Heart Friendly, Tasty and Prevent
Obesity, most of the respondents associated Heart Friendliness with
Saffola.
From the above it is apparent that the word Heart Friendly is hidden
somewhere in the minds of the respondents but they could not recollect it
until they have been provided with a cue.
Heart Friendliness association of Saffola needs to be stressed more often
in the advertisements so that the word gets registered in the minds of the
people and they think of Heart Friendliness every time they come across
Saffola.
Chart 3
N.L. Dalmia Institute Of Management Studies And Research 12
Brand Personality of Saffola
Personality traits of Saffola:
Saffola is considered to be a very Health Conscious brand. The brand is
very cautious about the health aspect and do not take it for granted.
Saffola has been found to be clear-headed and serious about health.
Caring, Wise and Reliable are some of the other personality traits of
Saffola.
In general Saffola has a personality of a person who is very health
conscious, serious about things he does i.e no-nonsense attitude, caring,
reliable and someone who could be trusted upon.
Athle te3.57%
Caring14.29%
Elderly10.71%
Health Cons ious21.43%
Reliable14.29%
Sober17.86%
Wise14.29%
Young3.57%
Chart 4
N.L. Dalmia Institute Of Management Studies And Research 13
Brand Personality of Saffola
Buying Decision:
The housewives are the ones who decide which brand of cooking oil has
to be bought. This is evident from the chart 5.
The advertisers should target their communication messages on the
housewives.
Housewives are very concerned about the health of the family hence the
advertisements should have an emotional appeal that exploits this
concern of the housewives.
Chart 5
N.L. Dalmia Institute Of Management Studies And Research 14
Brand Personality of Saffola
At present Saffola is not endorsed by any celebrity. Marico Industries are
considering the idea of Saffola to be endorsed by a celebrity. They have zeroed
down on few celebrities and feel that the Indian cricketer Saurav Ganguly could
be the right person to endorse the brand.
Marico feels that even though they are considering Saurav Ganguly to endorse
the brand, they need to conduct a research to find out whether people would
accept him as the brand endorser for Saffola.
The second stage of the project is to find out whether the Indian cricketer Saurav
Ganguly could be the right person to endorse the brand Saffola.
The respondents were asked questions regarding the personality of Saurav
Ganguly and an attempt have been done to establish a link between Saffola and
Saurav Ganguly.
N.L. Dalmia Institute Of Management Studies And Research 15
Brand Personality of Saffola
Saurav Ganguly’s personality:
The respondents feel that Saurav Ganguly is well known for his
arrogance. Indian triumph over Pakistan recently for the Samsung Cup
under the captainship of Saurav Ganguly has not changed people’s
perception about him. Saurav is still considered to be an arrogant person
i.e arrogant towards his approach towards cricket and other things in life.
On the other hand a fair number of respondents feel that he is straight
forward. He speaks his mind out no matter to whom he speaks to or
where he is.
People also find him to be a reliable person i.e. a captain who can be
relied upon by both the team as well as the people.
On an overall basis Saurav’s personality is considered to be a mix of
Arrogance, Straight Forwardness and Reliable. Chart 6 can be referred
for details.
Reliable20.00%
Arrogant50.00%
Straight Forw ard30.00%
Chart 6
N.L. Dalmia Institute Of Management Studies And Research 16
Brand Personality of Saffola
Credibility of Saurav Ganguly’s claim:
70% of the respondents feel that the claims made by Saurav are fairly
credible. This is indeed a huge number hence chances are that majority of
the people would not consider an ad claim made by Saurav to be just
another claim.
The advertiser should consider this fact. This is strongly in favor of making
Saurav the brand endorser for Saffola.
0% 20% 40% 60%
Percent
Very Credible
Credible
Less Credible
cre
dib
ilit
y o
f s
au
rav
's c
laim
20%
70%
10%
Chart 7
N.L. Dalmia Institute Of Management Studies And Research 17
Brand Personality of Saffola
Buying chances of Saurav Ganguly endorsed brand:
It is evident from the chart that the chance of people buying a Saurav
Ganguly endorsed brand is good.
This follows from the above that people feel that Saurav do not make any
false claim.
Saurav’s straight forward personality is the main contributor to this
perception of people leading to most of the people accepting the claim
made by him.
An ad with Saurav as the brand endorser can make sufficient number of
people try the product.
Chart 8
N.L. Dalmia Institute Of Management Studies And Research 18
Brand Personality of Saffola
Link between Saurav and Saffola:
Reliability and Caring are the two main factors that link Saurav Ganguly to
the Saffola brand.
Respondents feel that Saurav can be relied upon by both by the Indian
team and the people. As a captain Saurav is very particular about his
team members and cares for them like a big i.e. the housewife can rely
upon Saffola.
Saffola is caring i.e. it takes care of the health of consumers by preventing
Heart Disease which has now become a common threat to people.
The chart 9 also shows that Saffola is also known to be an ideal oil for
athletes and health conscious people.
When the personality traits of Saffola alone is considered, Health
Consious and Sober form the main personality traits but combining both
Saurav and Saffola, Relaibility and Caring outperforms the other two.
Athle tic19.05%
Caring23.81%
Health cons ious14.29%
Reliable23.81%
Sober4.76%
Wise9.52%
Young4.76%
Chart 9
N.L. Dalmia Institute Of Management Studies And Research 19
Brand Personality of Saffola
Occupation of respondents:
Housewives and working women of all the households from Borivali to
Andheri form the population element. But most of the respondents who
were interviewed were the housewives. This is evident from the chart 10.
Working women formed the remaining 40% of the respondents.
Housew ife60.00%
Business10.00%
Service30.00%
Chart 10
Age of respondents:
Majority of the respondents fall in the age groups of 20-40.
20-3030.00%
30-4050.00%
40-50
10.00%
>50
10.00%
Chart 11
N.L. Dalmia Institute Of Management Studies And Research 20
Brand Personality of Saffola
CONCLUSIONS
The word Healthy is what comes to the mind of the people when they
think about Saffola.
The reason for Heart Friendliness not being on the top of the list may be
because of a long gap in featuring the Saffola advertisements.
People remember the word Healthy because of the famous Sundrop ad
and some have even confused Saffola with Sundrop.
People feel that Saffola is suited to Adults. It is evident that people regard
it as oil that can be consumed by anyone.
Heart Friendly is hidden somewhere in the minds of the respondents but
they could not recollect it until they have been provided with a cue.
Saffola has a personality of a person who is very health conscious,
serious about things he does i.e no-nonsense attitude, caring, reliable and
someone who could be trusted upon.
The housewives are the ones who decide which brand of cooking oil has
to be bought.
On an overall basis Saurav’s personality is considered to be a mix of
Arrogance, Straight Forwardness and Reliable. Chart 6 can be referred
for details.
People feel that the claims made by Saurav are fairly credible.
Saurav’s straight forward personality is the main contributor to this
perception of people leading to most of the people accepting the claim
made by him.
An ad with Saurav as the brand endorser can make sufficient number of
people try the product.
N.L. Dalmia Institute Of Management Studies And Research 21
Brand Personality of Saffola
Reliability and Caring are the two main factors that link Saurav Ganguly to
the Saffola brand.
Reliability and Caring are the two personality traits that link Saurav and
Saffola.
RECOMMENDATIONS
Heart Friendliness needs to be stressed in all the advertisements and the
advertisement should be featured frequently.
Heart Friendliness association of Saffola needs to be stressed more often
in the advertisements so that the word gets registered in the minds of the
people and they think of Heart Friendliness every time they come across
Saffola.
Housewives are very concerned about the health of the family hence the
advertisements should have an emotional appeal that exploits this
concern of the housewives.
People feel that the claims made by Saurav are fairly credible. The
advertiser should consider this fact. This is strongly in favor of making
Saurav the brand endorser for Saffola.
An ad with Saurav as the brand endorser can make sufficient number of
people try the product.
Hence Saurav is the right person to endorse the Saffola brand.
N.L. Dalmia Institute Of Management Studies And Research 22
Brand Personality of Saffola
LIMITATIONS
The population consists of housewives and working women of all the
households from Borivali to Andheri. Hence the results may not be the
same if research is done for the entire Mumbai city.
The respondents have been selected by convenient sampling without
stratifying the income groups.
Respondents may give some wrong information.
N.L. Dalmia Institute Of Management Studies And Research 23
Brand Personality of Saffola
ANNEXURE
QUESTIONNAIREResp. no.______
Dear respondent, I am a management student from N.L.Dalmia Institute of Management Studies and Research. I am doing a project on Saffola cooking oil. I request you to kindly spare few minutes of your time to fill up this questionnaire and help me complete this project successfully.
1) Have you heard the name “Saffola”? Yes No
2) What comes to your mind when you hear Saffola?_______________________________________
3) Do you buy Saffola? Yes No
4) Whom among the following do you think Saffola is most suited to? (Tick any one) Children Adults Senior Citizens Sportsmen/Athlete Fitness freak
5) Which of the following would you associate with Saffola? (Tick any one) Heart friendly oil Tasty Helps prevent Obesity
6) Which of these personality traits would you associate with the brand Saffola? Health conscious Sporty/Athletic Young Elderly Trendy Wise Caring Reliable Sober
7) Who initiates the buying decision of cooking oil in your home? (Tick any one) Yourself Children Husband Parents
N.L. Dalmia Institute Of Management Studies And Research 24
Brand Personality of Saffola
Dear respondent, we would like to establish a link between Saurav Ganguly and Saffola.
8) What personality traits describe Saurav the most?(Tick any one) Reliable Arrogant Trendy Straight Forward Caring/Protector
9) Please rate from 1 - 5 the credibility of any claim made by Saurav. (1-Highest & 5-Least) __________
10) Chances of you buying a Saurav Ganguly endorsed brand.(1-Highest & 5-Least) __________
11) Which characteristics of Saffola would you associate with Saurav?(Please tick based on the response for question no. 6 above) Health conscious Sporty/Athletic Young Elderly Trendy Wise Caring Reliable Sober
12)Occupation Housewife Business Service
13)Age 20-30 30-40 40-50 > 50
Name: ____________________________________________
THANK YOU!!
N.L. Dalmia Institute Of Management Studies And Research 25
Brand Personality of Saffola
BIBLIOGRAPHY
www.healthykhana.com
www.agencyfaqs.com
Research Methodology – Schindler & Cooper.
N.L. Dalmia Institute Of Management Studies And Research 26